This Day On The Street
Continue to site right-arrow
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Campbell, Krispy Kreme and Retailers Earnings Preview

Stocks in this article: BEBE CPB FRED KKD SCVL ZUMZ

NEW YORK ( TheStreet) -- Today I preview six more retail-oriented companies that report quarterly results on Thursday. Five stocks are in the retail-wholesale sector and four of these are buy-rated according to ValuEngine. The sixth stock is a hold-rated company in the consumer staples sector.

Stocks remain fundamentally overvalued and under a ValuEngine valuation warning with 75.9% of all stocks overvalued, 43% by 20% or move. The retail-wholesale sector is 24.7% overvalued with the consumer staples sector 18.6.

This morning the Conference Board releases it reading on Consumer Confidence for August and the consensus calls for steady print at 80.0. Given last Friday's disappointing new home sales and Monday's weak durable goods orders we would not be surprised by a weaker than expected confidence report. Keep in mind that the 90 to 110 is the neutral zone for this data release.

The technicals among the major equity averages remain mixed. The Dow Industrial Average continues to have a negative weekly chart profile with the five-week modified moving average at 15,248. The S&P 500 shows declining momentum and a weekly close below its five-week MMA at 1666.4 gives this average a negative weekly chart profile. The Nasdaq continues to be positive but overbought with the five-week MMA at 3591 and the Aug. 5 multi-year high in reach at 3694.18. The Dow transportation average is neutral with declining weekly momentum and the index above its five-week MMA at 6437. The Russell 2000 has a positive but overbought weekly chart profile with the five-week MMA at 1028.55 and the August 5 all time high at 1063.52.

One of the six stocks previewed today is undervalued and three of the other five are overvalued by more than 20%. One stock is down 16% over the last 12 months, while four have gained more than 16%. All six are trading above their 200-day SMAs, which reflects the risk of reversion to the mean.

Reading the Table

OV/UN Valued: Stocks with a red number are undervalued by this percentage. Those with a black number are overvalued by that percentage according to ValuEngine.

1 of 3

Select the service that is right for you!

Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!


DOW 17,778.15 +421.28 2.43%
S&P 500 2,061.23 +48.34 2.40%
NASDAQ 4,748.3960 +104.0840 2.24%

Brokerage Partners

Rates from

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs